An excellent opportunity to acquire this freehold commercial investment property in a prominent position close to the town centre. The property is let and produces a rent of £13,200 pax. 

Location

This popular pizza takeaway shop is situated within walking distance of the town
centre. The property fronts onto West Street which is the busiest main road
into the town. Alford is a market town and civil parish in
the East Lindsey district of Lincolnshire,
at the foot of the Lincolnshire Wolds, which form an Area of Outstanding Natural Beauty.
The population was recorded as 3,459 in the 2011 Census and estimated at 3,830 in
2021. It lies between the towns of Mablethorpe, Louth, Spilsby,
and Skegness and
acts as a local retail centre.

ACCOMMODATION

The property comprises a 3 storey commercial premises comprising a ground floor takeaway with first and second floor storage and comprises Ground Floor 34.36 sqm (369.85 sqft)First Floor 25.6 sqm (275.55 sqft)Outside Rear Yard and stores

PLANNING

The property has an established use as a takeaway food premises and A3/A5 and now planning E.

SERVICES

The property has mains water, electricity, gas and drainage connected to the property.

TENURE

The property is being sold with a lease in place at a rent of £13,200 pax until 2035.

RATEABLE VALUE

The property has a rateable value of £4100.

CEPC

The property has a CEPC of E which has expired and a new one has been ordered

LEGAL COSTS

Each party are responsible for their own legal costs

VAT

The price is exclusive of VAT if applicable

LOCAL AUTHORITY

East Lindsey District Council The Hub Mareham Road Horncastle Lincolnshire LN9 6PHTel

VIEWINGS

Contact Pygott & Crone Commercial 36a Silver Street Lincoln LN2 1EWTel